Ninjastic
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Board Bitcoin Discussion
Re: BITCOIN : Oppotunity Or Challenge?
by
KennyR
on 29/04/2018, 23:50:41 UTC
Quote from: PatronRH on April 29, 2018, 11:43:26 PM
Quote from: UcheAnthony on February 21, 2018, 06:48:18 PM
Quote from: swissgang on February 21, 2018, 05:42:30 PM
Bitcoin is no doubt risky investment, but it depends on people, bitcoin is opportunity to some and challenge to some. I think you should not borrow money to buy bitcoin.
Undoubtedly one of the best advise one can give to a prospective investor, Borrowing money to invest in Bitcoin i think is not a good idea also, its advisable to invest what you can afford to lose.

I totally agree with I don't think borrowing money to invest in a risky investement is a good idea bitcoin needs to be delt with carefully yet it is now one of the most profitable investment.
It is one among the highly profiting asset compared to most other investment schemes as well other forms of digital investment. Only thing that needs to be given much importance is the security as well the underlying risk associated with bitcoin. To overcome this issue the user needs to be knowledgeable and some takes is as a challenge. When it is considered a challenge, he needs to educate himself a lot.